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The public sector is the part of the economy concerned with providing basic government services. The composition of the public sector varies by country, but in most countries the public sector includes such services as the police, military, public roads, public transit, primary education and healthcare for the poor. The public sector might provide services that non-payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service (such as public education), and services that encourage equal opportunity. Many countries around the world look at the models that Norway, Denmark, Sweden, Finland, France and other countries have in order for them to get some inspiration. Advantages: Essential services are provided. Everyone shares in the profit from public ownership. Wasteful duplication of services is eliminated. Planning can be co-ordinated through central control. A sense of complacency and security with lower charges, low average monthly balance requirement etc. Regulated working hours, lower stress, job security, tremendous training and growth opportunities across verticals Disadvantages: Inefficiency results due to the size of the organisation. There is a lack of incentive for employees to perform if there is no share in the profit or there is an absence of other motivators such as productivity bonuses - accelerated promotion; (this factor can also apply in the private sector if the employee is not given any incentive to perform). Losses must be met by the taxpayer. Political interference can occur. They interfere with the free market forces. There may be difficulties in finding someone to deal with complaints, though this factor is applicable to any large organisation. No quick career progression, comparatively lower pay, significant bureaucratic hurdles. Source: Song: Jukebox by Wawa feat Nicco Public Sector Data by country http://data.worldbank.org/topic/public-sector Public Sector definition: http://www.investorwords.com/3947/public_sector.html Conservative Think Tank: 10 Countries With Universal Health Care Have Freer Economies Than The U.S. http://www.forbes.com/sites/theapothecary/2015/01/27/conservative-think-tank-10-countries-with-universal-health-care-are-economically-freer-than-the-u-s/ Public Sector in Hungary http://www.research.mbs.ac.uk/ewerc/Portals/0/docs/Hungary-national%20report.pdf Norway, the rich cousin http://www.economist.com/news/special-report/21570842- oil-makes-norway-different-rest-region-only-up-point-rich Public Service of Canada https://en.wikipedia.org/wiki/Public_Service_of_Canada Public Sector of the UK http://www2.deloitte.com/uk/en/industries/public-sector.html Public Sector in France http://www.economist.com/node/631389 Does the Public Sector matter? http://www.glasgowheart.org/media/media_43670_en.pdf Public Sector in Denmark http://www.dst.dk/en/Statistik/emner/beskaeftigelse/offentlig-beskaeftigelse CHART OF THE DAY: Guess Which Country Has The Highest Percentage Of Workers Employed By The Government http://www.businessinsider.com/chart-of-the-day-government-sector-employment-2011-11?IR=T Challenges for Public Administration in Latin America http://www.latameconomy.org/en/outlook/2012/public-administration-for-development/challenges-for-public-administration-in-latin-america/